|Tesco Sells Off Site on Fulham High Street|
But new owner says building of 58 new homes will go ahead
Tesco has sold off its site on Fulham High Street, which has planning permission for 58 new homes plus a convenience store and four other shops.
New owner, real estate investment management firm Meyer Bergman says that development of the site, including the new homes - 48 flats and ten townhouses - will go ahead.
The sale is a part of a £250 million sell-off by the supermarket of 14 abandoned sites owned by its regeneration arm Spenhill, including another in Kensington.
Meyer Bergman owns a portfolio worth over £2 billion, with other London properties including Whiteleys in Bayswater and Burlington Arcade in Piccadilly. Its boss Markus Meijer says this investment will give "new impetus" to the Spenhill sites.
The site, at 84 - 90b Fulham High Street, formerly housed buildings belonging to the Territorial Army. An application to redevelop it was registered in September 2011 and approved l in October 2012.
This is a computer generated image produced by architects Collado Collins showing what the new development would look like from the junction of Fulham Road and Fulham High Street.
The planning approval followed the rejection of an earlier application from the supermarket for development of this site, which is close to All Saints Church and its church hall, Fulham Palace and Fulham Palace Meadows Allotments.
"The site sits alongside the UK's largest Scheduled Ancient Monument, adjacent to a listed former Temperance Hall and a residential mansion block. Support for the scheme followed extensive consultations with the planning team, English Heritage and very active local residents."
October 23, 2015